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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Revenue $ 1,871 $ 1,534
Costs and expenses:    
Cost of sales 549 459
Selling, general and administrative expenses 409 389
Research and development expenses 118 107
Amortization of intangible assets 40 40
Restructuring charges and certain acquisition-related costs 9 9
Interest expense, net of capitalized interest 57 53
Other (income)/deductions—net 2 (20)
Income before provision for taxes on income [1] 687 497
Provision for taxes on income 129 74
Net income before allocation to noncontrolling interests 558 423
Less: Net loss attributable to noncontrolling interests (1) 0
Net income attributable to Zoetis Inc. $ 559 $ 423
Earnings per share attributable to Zoetis Inc. stockholders:    
Basic (in dollars per share) $ 1.18 $ 0.89
Diluted (in dollars per share) $ 1.17 $ 0.88
Weighted-average common shares outstanding:    
Basic (in shares) 475.5 475.6
Diluted (in shares) 477.9 479.0
Dividends paid per common share (in dollars per share) $ 0.250 $ 0.200
[1] Defined as income before provision for taxes on income.